SEC-526 -- GAO STUDY OF ALTERNATIVES IN PUBLIC HOUSING DEVELOPMENT.
The Comptroller General of the United States shall conduct a study
assessing alternative methods of developing public housing dwelling
units, other than under the existing public housing development program
under the United States Housing Act of 1937. Under the study the
Comptroller General shall-
(1) analyze and evaluate different methods of financing and structuring
a program to develop public housing and of coordinating such program
with local housing strategies; and
(2) evaluate the effectiveness of developing public housing units by
coordinating the low-income housing tax credit program with the
development of public housing.
The Comptroller General shall submit a report to the Congress regarding
the findings and conclusions of the study not later than 12 months after
the date of the enactment of this Act.